The total human resource cost for Shanghai-based enterprises employing Chinese nationals significantly exceeds the base salary.
In addition to wages, employers are mandated to contribute an additional 35%-40% of th ...Learn More
Foreign nationals in Shanghai are subject to the Individual Income Tax Law and related policies, with the following key provisions:
Taxpayer Classification：Resident Taxpayers (residing in China ≥183 days/year): ...Learn More
The core principle of China's export tax rebate policy is "refund as much as has been levied," aiming to enable Chinese export products to compete in the international market at a cost excluding taxes, in compliance wi ...Learn More
The Accounting Standards for Business Enterprises are a set of authoritative accounting treatment regulations formulated and issued by the Ministry of Finance of the People's Republic of China in accordance with the Ac ...Learn More
The fundamental tax laws and regulations are formulated by the National People's Congress (NPC), its Standing Committee, and the State Council.China's current tax system comprises 18 types of taxes which can be broadly ...Learn More
Catalogue of Industries Encouraging Foreign Investment (2022 Edition)
(Adopted at the 22nd Executive Meeting of the NDRC on July 29, 2022; Promulgated by Order No. 52 of the NDRC and MOFCOM on October 26, 2022; Effect ...Learn More